ClearView snaps up six practices in July
Clearview Wealth has recruited six new financial planning practices in July, bringing the total number of advisers in the dealer group to 78.
The number of financial advisers operating under the ClearView licence has increased by 21 since 31 December 2011, according to a statement by the company.
The six practices recruited in July are the Leverington Financial Group, Peter Howard Insurances, MBA Financial Group, The Insurance and Superannuation Centre, The Financial Clinic (Victoria) and Centre of Wisdom.
The life insurance side of the business has also grown, with life insurance new business premiums up $5.2 million for the 12 months ended 30 June 2012, according to ClearView.
In addition, the group's recently launched life advice product LifeSolutions has been added to the Approved Product Lists of 14 dealer groups since 2 April 2012, said the statement.
ClearView managing director Simon Swanson said the "positive acceptance" of the LifeSolutions suite of products, along with strong life insurance premium growth, "reflects the early success of our strategy in the retail life advice segment".
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
